Stock market today: Indexes slip as traders digest GDP and inflation data ahead of more big earnings
US stocks wavered on Wednesday as a combination of data releases left investors with a strong impression of the…
Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says
Even after Nvidia’s ascent to the second-largest company in the world, Softbank CEO Masayoshi Son says he thinks the…
Dude Perfect’s new Texas headquarters will also serve as a studio for YouTube creators
Dude Perfect Dude Perfect is adding to its Texas expansion with plans to build a production facility for its…
Y Combinator cofounder Paul Graham lays out why he’s voting for Kamala Harris
Paul Graham said he’s voting for Kamala Harris, and added that other moderates should too. Veteran investor Paul Graham…
‘Leave New York and come to Toronto’: Canadian stocks are set to outperform the S&P 500, top economist says
David Rosenberg Stocks in the US and Canada have rallied this year, but Canadian shares appear better positioned for…
Big Fidelity funds own more than $100 million in OpenAI stock, filings show
OpenAI CEO Sam Altman. Several big Fidelity funds have stakes in OpenAI that the mutual fund giant valued at…
Chipmakers are having a terrible day in the stock market
It’s a rough day to be a semiconductor stock. The Philadelphia Stock Exchange Semiconductor Index tumbled 3% on Wednesday,…
Dropbox lays off 20% of employees and joins Big Tech’s flattening trend. Read CEO Drew Houston’s memo.
Dropbox CEO and cofounder Drew Houston announced on October 30 that the company will be laying off over 500…
BBG Ventures raises $60 million for its latest fund and moves beyond just backing female founders
Nisha Dua and Susan Lyne, cofounders BBG Ventures. Only a handful of VCs sought out women entrepreneurs when AOL…
A Russian court hit Google with a fine larger than the world’s GDP, stretching credulity
Alphabet, Google’s parent company, has previously said it doesn’t think it will be materially affected by its Russian legal…